Vexed Bermoothes

Blustery Opinions From Bermuda

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Entries from July 13th, 2010

A Lasting Monument

July 13th, 2010 · Comments Off · Bermuda Politics

So, it’s official.  Government is trying to raise a half billion dollars in debt to cover their “spending addiction”. Of interest is that the fact that the debt will take the form of “fixed bullet” bonds.  This means the bond is not callable, and we will pay the entire principal back at the maturity date [...]

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While Rome Burns

July 13th, 2010 · Comments Off · Bermuda Politics

So, the Doc is throwing a farewell gala.  No change there: in my opinion, he’s treated his whole term in office like a taxpayer funded party. Come pay to play while Rome burns.  And then perhaps we can start the hard work to clean up the mess that he has left?

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Surely You Jest

July 10th, 2010 · Comments Off · Bermuda Politics

FinMin and aspiring Premier Paula Cox said in Parliament yesterday: “I would like to unequivocally state that the current Government is capable of running the financial affairs of this Country and continues to exhibit good stewardship of the public purse and has done so since coming into office.” I would like to unequivocally state that [...]

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Throwing in the Towel

July 9th, 2010 · Comments Off · Tourism

FinMin Cox has announced that exempt companies could be allowed to buy hospitality units on hotel properties for use as residential units.  The developers are celebrating, but is this a good “sustainable” idea for Bermuda? In my opinion, it’s totally schizophrenic.  Just think: The PLP has been bullying Bermudians with foreign spouses saying Government needed [...]

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Trial Balloon

July 8th, 2010 · Comments Off · Bermuda Politics

I love St. George’s.  It is unique.  I hope to see it thrive. But … the headline that Government is considering a 1 cent tax on every fuel sale to subsidize the town … I sure hope that’s a goofy trial balloon that gets popped quickly. This is not a $1.2 million gift to the [...]

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Truancy

July 8th, 2010 · Comments Off · Bermuda Politics

In the fuss over Dr. Brown’s celebrity hunting safari to South Africa, the Sergeant of Arms of the House today announced that the Premier has attended 22 of the 27 meetings this session.  And Jamahl came out with some pointless vituperation.  He may make think he’s scored some points, but in reality he’s just hammering [...]

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Allergic to Auditors

July 7th, 2010 · Comments Off · Bermuda Politics

Well, if Finance Minister Paula Cox wanted to cause yet another ripple of consternation about Bermuda’s leadership, she got it today with the Auditor General’s public complaint that the Ministry was blocking access to Government’s financial records. That’s unconstitutional.  It defies all the pretty language about transparency and accountability.  And it makes everyone wonder what [...]

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Provocateur-in-Chief

July 6th, 2010 · Comments Off · Bermuda Politics

In my opinion, Dr. Brown has been one of the most disastrous public leaders in Bermuda’s history.   Yes, he is surrounded with grand gestures and carefully crafted images of success, but when you judge the results of his time in office it becomes clear how damaging his time has been to Bermuda’s community, our economy, [...]

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The Premier Diversion

July 5th, 2010 · Comments Off · Tourism

The Premier alleges that advertising firm GlobalHue was only criticised because it’s owned by a black man. I won’t waste too many words on his obvious cynical diversion. The criticism is not directed towards GlobalHue as much as it is directed towards the Minister of Tourism, aka The Premier. The GlobalHue deals have come under [...]

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Scaring the Nation

July 2nd, 2010 · Comments Off · Bermuda Politics

BNN posted a commentary the other day about how the spread of gun violence in Bermuda is now an issue amongst exempt companies for their contingency planning:  at what point do they start moving people out of Bermuda? He’s correct;  the issue is frequently discussed amongst the international executives.  Largely, these are people who, if [...]

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